NEBRASKA MUNICIPAL Maximum Drawdown
| NEITX Fund | | | USD 9.21 0.01 0.11% |
Maximum Drawdown (or MDD) is another indicator of risk. It is the reduction in asset value after a series of losing trades. This is normally calculated by getting the difference between a relative peaks in equity capital minus a relative trough. Below is NEBRASKA MUNICIPAL's current Maximum Drawdown with peer comparisons and related risk metrics.
Current Maximum Drawdown Value
With Maximum Drawdown at 0.8731, NEBRASKA MUNICIPAL shows a contained peak-to-trough loss. NEBRASKA MUNICIPAL's maximum drawdown has remained under 10%, indicating limited downside exposure.
Maximum Drawdown | = | MAX(HIGH - LOW) |
| = | 0.8731 | |
| MAX | = | Maximum notation for the range of returns on NEBRASKA MUNICIPAL |
Maximum Drawdown Peers Comparison
The peer group averages 5.06 for Maximum Drawdown, with NEBRASKA MUNICIPAL at 0.8731 falling below that level. Readings span 4.27 (BlackRock Developed Real) to 7.43 (Vy Clarion Global). NEBRASKA MUNICIPAL's shallower drawdown relative to peers indicates more contained historical downside.
Maximum Drawdown Relative To Other Indicators
The chart below plots Maximum Drawdown against Maximum Drawdown for Nebraska Municipal and its peers. Each point represents one equity — position along the horizontal axis shows Maximum Drawdown while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
NEBRASKA MUNICIPAL's Maximum Drawdown of
0.87 runs about
1.00 times its Maximum Drawdown of
0.87 . The two measures are closely aligned in magnitude for NEBRASKA MUNICIPAL.
Methodology, Assumptions & Data Sources
NEBRASKA MUNICIPAL's Maximum Drawdown currently stands at 0.8731. Maximum Drawdown for NEBRASKA MUNICIPAL is derived by applying a defined formula to historical price observations, producing a time-series of comparable readings. Inputs are drawn from end-of-day closing prices reported by supported exchanges, adjusted for splits and dividends where applicable. The calculation assumes continuous price data across the selected period. All readings are presented as reference data.
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